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Publicly listedPosted about 17 hours ago

Great Starter or Retirement Home!

Pickering, ON L1W1X8

Asking Price

$599,900

3

Beds

2

Baths

Detached

Type

Listed on MLS and shown here with a PrivateDeals opportunity analysis. PrivateDeals is not the listing brokerage.

About this property

Great Retirement Or Starter Home In Lakeside Community Just 10 Minutes East Of Port Perry. This Bright Home Offers Ample Living Area With A Large Central Room Suitable For Combination Family Room/Dining Room with Upgraded Bathrooms. Enjoy Meals In The Breakfast Nook Overlooking Your Lovely Salt Water In-Ground Pool with Pool Heater! Private Rear Yard Ideal For Entertaining Complete With A Custom Deck! Gas Barbeque Outlet, 5 Newer Windows, Newer Insulation in Attic, Upgraded Plumbing and Heating. Renovated Basement With Media Theater Room. Newer Driveway Strolling Distance To The Play Ground & Skate Board Park, Town Pier, Marina (& Sailing School) And A Waterfront Park At The End Of Cedar Grove Dr. Large Convenience Store. School Bus Stop Close By For Blackstock P.S. & Port Perry High School, Or Separate Schools. 30 Minutes To Oshawa Or Bowmanville. 35 Minutes To Peterborough & 20 Minutes To Lindsay. Best Regards, George W.Gruber Sales Representative HomeLife New World Realty Inc. Brokerage Independently Owned & Operated Office # Cell # Fax # 1- georgewgruber@gmail.com www.homelifenewworld.com

Opportunity analysis

Opportunity score

4.5 / 10

Recommended strategy

Turnkey

Automated estimate generated from listing data. Not a property valuation or investment advice.

Facts and features

Property type

Detached

Parking

unknown

Basement

Renovated

Business case

Strengths

  • Large central room suitable for family and dining
  • Upgraded bathrooms and newer windows
  • Renovated basement with media theater

Opportunities

  • Convenient location within 10 minutes of Port Perry, 30 minutes to Oshawa/Bowmanville, 35 minutes to Peterborough, and 20 minutes to Lindsay
  • Nearby schools: Blackstock P.S. & Port Perry High School
  • Access to community amenities such as convenience store, town pier, and marina

Mortgage calculator

Full calculator

20.0%

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Monthly payment (principal + interest)

$3,215

Down payment

$119,980

Mortgage amount

$479,920

Rate · amortization

6.5% · 25 yrs

Canadian semi-annual compounding. Add CMHC & land transfer tax →

Cash flow analysis

Full rental analysis

/month

What it would rent for, all units combined

%

= $119,980 · linked to the mortgage calculator

/mo

Est. 1.2% of price a year

/mo

Repairs, condo fees

Monthly cash flow

NET / MOAdd the rent

Enter the rent to see if this home pays for itself.

Rent needed to break even

$3,815/mo

Mortgage (P+I)

−$3,215

Property tax

−$600

Asking Price

$599,900

Interested in this property?

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